Aurora Cannabis 2024 Q3 Earnings Report (NASDAQ: ACB) | Benzinga Cannabis Insider

Welcome to Cannabis Insider! We’re bringing you the latest news and updates from the cannabis industry, as well as exclusive interviews with top executives and industry leaders!

Takeaways From this Episode:
-Aurora Cannabis has experienced significant growth in international medical cannabis revenue and a reduction in net loss.
-The acquisition in Australia aligns with Aurora’s larger strategy and provides access to a rapidly growing market.
-Aurora’s financial strategies and operational efficiencies have contributed to their positive adjusted EBITDA and aim for positive free cash flow by 2024.
-The development of innovative cultivars has driven increased sales in Europe and Australia and expanded Aurora’s market share.
-Aurora’s focus on medical cannabis, global expansion, and adherence to pharmaceutical standards position them for success in the evolving cannabis industry.

Chapters:
00:00 Introduction and Background
01:01 Aurora’s Third Quarter Report
02:56 Acquisition in Australia
04:20 Financial Strategies and Operational Efficiencies
06:13 Aurora’s Value to Investors
08:08 Innovative Cultivars and Product Portfolio
10:17 Positive Free Cash Flow by 2024
11:40 Market Conditions and Outlook
14:01 Impact of Cannabis Policy and Regulation
15:55 Aurora’s Journey and International Presence
17:51 Future Strategy and Expansion
20:24 Conclusion
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Featured Guest(s):

Miguel Martin, CEO – Aurora Cannabis
https://www.auroramj.com/
(NASDAQ: ACB)

Meet The Host(s):

Patricio Liddle, Cannabis Writer – Benzinga
https://www.benzinga.com/author/patricio-liddle-0

Abbey Higginbotham, Cannabis Writer – Benzinga
https://www.benzinga.com/author/abbey-higginbotham
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8 Comments

  1. @tinaballerina1081 on March 11, 2024 at 4:09 am

    Ach die CEO’s dort sind wie alle, bleiben ein, zwei Jahre, zahlen sich riesen Gehälter aus und ziehen weiter. Von den 400 Mio. Dollars aus Australien wird nie was beim Kleinaktionär ankommen. Alles nur Geschwafel.



  2. @Sica1000 on March 11, 2024 at 4:13 am

    I am a poor bagholder since years 21.02.2024



  3. @JoshWoodby on March 11, 2024 at 4:15 am

    Very insightful! My only concern is the pending reverse split. I’m an investor with a large amount of shares, so it does worry me to have that batch cut in quantity by 10. Do you see that as being an issue in the market or are you more focused on market cap? I have always believed the medical play was the right angle for now, and I invested solely based on that company mission of medical first.



  4. @michaelrobinson8915 on March 11, 2024 at 4:27 am

    And mexico?



  5. @doubleJdoubleU on March 11, 2024 at 4:30 am

    so, is he kinda saying Aurora isn’t going to compete as much in the US but concentrate on overseas markets?
    Like popstars and athletes when their USA dreams stop 🤪



  6. @michaelrobinson8915 on March 11, 2024 at 4:34 am

    Slow down your talking and ununciation of your interview communication This would help me to be more informed and active in your presentation…blessings…m



  7. @therocknrollguitarlounge7057 on March 11, 2024 at 4:47 am

    Yeah they just screwed all the stock holders by doing a 2nd or 3rd split, I am done with Aurora Cannabis as soon as I get a chance I’m selling my stock so tired of these crooks, even my average got manipulated. Stinky ass stock and I own it just tired of it just going down. ACB stop screwing around and make some damn money!



  8. @solonepeon5805 on March 11, 2024 at 5:03 am

    😂 I can’t believe I sold my half my Doge on Robinhood to buy this pos. Had I not I would have made more $$$ during Doge ath. So now I hold 109.3 ACB with Avg $32 & not touching this again until I see it near $1 to buy again because I know ACB will screw us again.

    It’s funny how the pot store down the street continues to be packed EVERYDAY so no excuse for these fools doing R/S.